Lombard Risk Management Corporate Governance - That's the way to do it

No this is not a boring piece about corporate Governance and the number of meetings that an Audit Committee should hold each year. Read on. I am making a valid point about the corruption on AIM.  Bear with me.

Generally I do regard the subject of corporate governance like that of the Corporate & Social Responsibility (CSR) of a PLC as an excuse for tedious people in suits to pontificate and then submit a bill to the PLC concerned. It adds no value, it hurts the bottom line and thus it costs shareholders cash. But just occasionally there is a serious issue.

The biggest failing of AIM (and indeed the LSE) in this respect is that Non-executive directors are in so many cases not independent

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